Global Trade Alert
Global Trade Alert

Spain: EUR 30 billion budget increase of first umbrella scheme (COVID-19)

Announcement

18 May 2021

In May 2021, the European Commission approved a Spanish state aid measure that increases for the second time the budget of an umbrella scheme approved in April 2020 (see related state act).

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 May 2021

Revocation date:

30 Jun 2022

End prolongation: 30 Jun 2022
Tax or social insurance relief
On 18 May 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemic ...
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End prolongation: 30 Jun 2022
Loan guarantee
On 18 May 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemic ...
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End prolongation: 30 Jun 2022
State loan
On 18 May 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemic ...
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End prolongation: 30 Jun 2022
Financial grant
On 18 May 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemic ...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70619

interventions

194

jurisdictions